Barrington Real Estate Market Update July 2022
Real Estate In Barrington is a sellers’ market with low inventory of homes in Barrington and a lot of buyer interest. There is a 3 months supply of inventory on the market in Barrington on July 31, 2022.
Now is the Time to Sell! The average market time for a Single Family Homes to sell in Barrington last month was 10 days. It took on average 3 days to sell Barrington Condo, Townhouse or a Duplex.
The number of home sales in Barrington from June 1, 2022 through June 30, 2022 was 39 units. That is 1% above the number of homes sold last month in Barrington.
The average price per square foot in the area is now $192/Sq.Ft, which is 12% a decline from last month.
In Barrington there were 7 units sold in June in the price range between $215,000 – $393,076 with an average of 2.4 bedrooms and 2.1 bathrooms and average Square footage of 1,405SF.
In Barrington there were 28 units sold in June in the price range between $393,077 – $935,575 with an average of 3.7 bedrooms and 3 bathrooms and average Square footage of 2,701SF.
In Barrington there were 4 units sold in June in the price range between $935,576 – $1,300,000 with an average of 4.5 bedrooms and 4.5 bathrooms and average Square footage of 4,716SF.
The low price range had the most activity. Homes up to $393,076 were on the market on average 6 days and sold an average of $303,714.
If you are looking for a new home for you and your family, or looking for an investment property, you can’t go wrong by getting a prime piece of real estate in Barrington. Search all Barrington homes for Sale on propertyup.com If you are considering viewing Barrington, you may want to do so now!